804 Randolph St Ne, Washington, DC 20017

Property Description

Exceptional investment opportunity in the heart of Brookland! Presenting 804 Randolph Street NE — a well-maintained, brick 4-unit multifamily building offering a compelling blend of in-place income and significant value-add upside. Each of the four units features a spacious one-bedroom plus den layout with one full bathroom. Renovated units showcase modern finishes including white shaker cabinetry, stainless steel appliances, subway tile bathrooms, and contemporary flooring throughout. The property benefits from 100-amp electrical service in each unit and washer/dryer installations in select units. Currently generating approximately $5,200 per month in rental income with strong potential to increase to $7,400–$8,400 per month upon stabilization — renovated 1BR+Den units in Brookland are consistently achieving $1,850–$2,100 per month. The property may qualify for the DC Small Landlord Rent Control Exemption for buildings with four or fewer rental units, providing additional operational flexibility. Ideally located just blocks from the Brookland-CUA Metro Station (Red Line), Catholic University, and the vibrant Monroe Street Market — home to Busboys & Poets, Right Proper Brewing, Primrose, Yes! Organic Market, and a soon-to-open Trader Joe's. The neighborhood boasts a 92 Walkscore (Walker's Paradise), proximity to five major hospitals, access to the Metropolitan Branch Trail, and a residential population of over 30,000 within one mile. Don't miss this prime Brookland investment — strong cash flow today with clear upside tomorrow.